AUD,NZD/FXWW News/Technical Analysis/Trade Ideas

AUD/JPY: Above 92.50 but needs some confirmation

We’ve been watching this level all day as being a big one and prices have now poked above 92.60. I would try and have some patience as we’ve seen plenty of false breaks recently, but if we get an hourly close above here, I’d definitely resort to dip-buying mode.

AUD/USD is making new short-term highs above .9140 and the next resistance levels there are at .9180 and .9250 (both quite strong).

  1. Looking okay at moment Papillon but bear trend is still quite strong. I’ll be happy to book 200 pips if I get the chance and then re-load on dips.

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